Shunsin Technology to Redeem Convertible Bonds on Sept. 11

MT Newswires Live17:37

Shunsin Technology (TPE:6451) will redeem its second unsecured convertible bonds early on Sept. 11 at 100% of par value, according to a Friday Taiwan Exchange filing.

Bondholders may apply to convert their bonds into shares from Aug. 13 through Sept. 11, after which conversions will no longer be accepted.

The company warned that any bonds not converted by Sept. 15 will be redeemed at par value in accordance with the bond terms.

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